Accurate Project Portfolio Management

Challenges

Mining projects are seldom small or contained. With values measured in billions of dollars and time frames that can exceed half a decade, they are complex and risk-prone.

  • Labour and material costs are escalating.
  • Contracts and environmental controls are continually evolving.
  • Without a full life cycle risk analytics solution that integrates cost control, contract and change management, it's hard to plan, schedule and control either large-scale or individual projects.
  • Effective communication and collaboration with role-specific functionality is also central to good project management.

Solution

Oracle's project portfolio management solution allows you to quickly adapt to market changes, while optimising resources and controlling project costs and risks.

  • Select, plan, and execute projects across your enterprise, while answering critical project-related questions.
  • Manage financial performance by investing in and delivering capital and maintenance projects with less risk and superior returns.
  • Optimise operational metrics by ensuring that the right people are on the right project at the right time.
  • Enhance contractor collaboration through schedule integration analysis.
  • Create 'what-if' scenarios, allowing all levels of project stakeholders to see how even a slight contingency will affect the project and how different responses will have an impact on the budget and schedule.
  • Capture key industry knowledge and establish best practices across the enterprise to reduce the impact of resource shortages due to attrition.

Benefits

Make informed decisions with confidence

  • IMPROVE RESPONSIVENESS AND MANAGEMENT OF UNCERTAINTY
  • ENHANCE EFFICIENCY AND REDUCE COSTS
  • IMPROVE FINANCIAL RIGOUR AND RESULTS